All Articles Written By: Lynn MacKenzie

The average sale price of a single family home in Calgary
increased by $72,000 in 2007 compared to the previous year while
the average price of a condo increased by almost $53,000. The
average price for a single family home in Calgary for 2007 was up
17.94 percent from 2006 averaging $472,000. What should we expect
in 2008?

With more and more people considering selling their home without
the help of a real estate agent, this list of FSBO tips provides
a quick overview of some of the many tactics that can make a
difference when selling FSBO.

In the last year there has been an increase in the number of
buyers moving into downtown condominiums. With the closeness of
amenities and affordable prices it's easy to understand why
buyers want to live in a condo for sale in Calgary. Many buyers
see condo living as an attractive option because of the traffic
congestion nightmares, the longer commuting times and the ever
increasing construction of the Calgary roads.

It appears that the rental vacancy rate in Calgary is dropping
and it looks like things are returning to normal levels. The last
18 months or so was a stressful time for renters but it looks
like its pretty much over. Canada Mortgage and Housing is
forecasting a vacancy rate for Calgary in 2008 for rental
properties of lease 2 percent but they predict that it could be
even higher.